Matches in SemOpenAlex for { <https://semopenalex.org/work/W4383376465> ?p ?o ?g. }
- W4383376465 abstract "Abstract Despite the substantial increase in green bond issuance over the past decade, evidence on the drivers and costs of corporate green bond issuance is lacking. We develop four novel hypotheses on the determinants of firms’ choice between green and conventional bonds, by connecting the four distinct features of green bonds with relevant theories. We test these hypotheses on a sample of green and conventional bonds issued by US, Western European and Chinese firms between 2014 and 2021, using linear probability models and alternative approaches. Consistent with our hypotheses, we find that firms with higher reputational gains from being seen as green and a stronger focus on eco‐innovation are more likely to issue green instead of conventional bonds. Conversely, we obtain only limited evidence that green bond issuance is driven by the net benefits of additional disclosure and no evidence that green bond issuers cater to time‐varying investor preferences for corporate greenness. Our results, which survive several robustness tests, are relevant for corporate managers, investors and bond market regulators." @default.
- W4383376465 created "2023-07-07" @default.
- W4383376465 creator A5010168175 @default.
- W4383376465 creator A5052079934 @default.
- W4383376465 creator A5074834668 @default.
- W4383376465 date "2023-07-05" @default.
- W4383376465 modified "2023-10-14" @default.
- W4383376465 title "Issuer Motivations for Corporate Green Bond Offerings" @default.
- W4383376465 cites W1850864270 @default.
- W4383376465 cites W1949455802 @default.
- W4383376465 cites W1976331115 @default.
- W4383376465 cites W1976721849 @default.
- W4383376465 cites W1992277450 @default.
- W4383376465 cites W2000387780 @default.
- W4383376465 cites W2001568969 @default.
- W4383376465 cites W2001956398 @default.
- W4383376465 cites W2016293597 @default.
- W4383376465 cites W2017713899 @default.
- W4383376465 cites W2018712474 @default.
- W4383376465 cites W2028442196 @default.
- W4383376465 cites W2029941278 @default.
- W4383376465 cites W2032947759 @default.
- W4383376465 cites W2044148313 @default.
- W4383376465 cites W2058110804 @default.
- W4383376465 cites W2062269829 @default.
- W4383376465 cites W2067475882 @default.
- W4383376465 cites W2067554274 @default.
- W4383376465 cites W2071206222 @default.
- W4383376465 cites W2073260340 @default.
- W4383376465 cites W2081295498 @default.
- W4383376465 cites W2099530318 @default.
- W4383376465 cites W2118997366 @default.
- W4383376465 cites W2119843603 @default.
- W4383376465 cites W2121308228 @default.
- W4383376465 cites W2154201911 @default.
- W4383376465 cites W2164639462 @default.
- W4383376465 cites W2166151550 @default.
- W4383376465 cites W2167626685 @default.
- W4383376465 cites W2188107086 @default.
- W4383376465 cites W2211074832 @default.
- W4383376465 cites W2243731871 @default.
- W4383376465 cites W2271674507 @default.
- W4383376465 cites W2322238852 @default.
- W4383376465 cites W2333930280 @default.
- W4383376465 cites W2460380706 @default.
- W4383376465 cites W2525375747 @default.
- W4383376465 cites W2525924211 @default.
- W4383376465 cites W2566552085 @default.
- W4383376465 cites W2586274245 @default.
- W4383376465 cites W2735891606 @default.
- W4383376465 cites W2738436374 @default.
- W4383376465 cites W2772815792 @default.
- W4383376465 cites W2789511191 @default.
- W4383376465 cites W2806486862 @default.
- W4383376465 cites W2810262932 @default.
- W4383376465 cites W2898118685 @default.
- W4383376465 cites W2905488820 @default.
- W4383376465 cites W2909656681 @default.
- W4383376465 cites W2910632137 @default.
- W4383376465 cites W2911787372 @default.
- W4383376465 cites W2921331476 @default.
- W4383376465 cites W2933308680 @default.
- W4383376465 cites W2973223304 @default.
- W4383376465 cites W2988942006 @default.
- W4383376465 cites W2996233037 @default.
- W4383376465 cites W3021841362 @default.
- W4383376465 cites W3043024662 @default.
- W4383376465 cites W3048755366 @default.
- W4383376465 cites W3090531046 @default.
- W4383376465 cites W3095274957 @default.
- W4383376465 cites W3109524260 @default.
- W4383376465 cites W3119188950 @default.
- W4383376465 cites W3121583360 @default.
- W4383376465 cites W3122184969 @default.
- W4383376465 cites W3122206384 @default.
- W4383376465 cites W3122585867 @default.
- W4383376465 cites W3123245762 @default.
- W4383376465 cites W3123271700 @default.
- W4383376465 cites W3123355728 @default.
- W4383376465 cites W3124114405 @default.
- W4383376465 cites W3124209104 @default.
- W4383376465 cites W3124364728 @default.
- W4383376465 cites W3124384052 @default.
- W4383376465 cites W3124450204 @default.
- W4383376465 cites W3124507412 @default.
- W4383376465 cites W3124855123 @default.
- W4383376465 cites W3124920732 @default.
- W4383376465 cites W3125026074 @default.
- W4383376465 cites W3125315234 @default.
- W4383376465 cites W3125586325 @default.
- W4383376465 cites W3125937743 @default.
- W4383376465 cites W3126071446 @default.
- W4383376465 cites W3128871793 @default.
- W4383376465 cites W3128873853 @default.
- W4383376465 cites W3133808418 @default.
- W4383376465 cites W3136051462 @default.
- W4383376465 cites W3184727182 @default.
- W4383376465 cites W3186882543 @default.
- W4383376465 cites W3187519068 @default.
- W4383376465 cites W3189373747 @default.